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In the McMillan v. McMilian case, what did the intermediate appellate court hold? Multiple Choice That the trial court erred when it denied the plaintiff's

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In the McMillan v. McMilian case, what did the intermediate appellate court hold? Multiple Choice That the trial court erred when it denied the plaintiff's motion to compel because the revenues and profits of Mal Source may very well be relevant in determining damages O That the trial court did not err when it denied the plaintiff's motion to compel because the information would be Inadmissible at trial That the trial court did not err when it denied the plaintiff's motion to compel because the revenues and profits of Man Source are irrelevant in determining what profits Corporate Mal Management lost as a result of the competion That the trial court erred when it denied the plaintiff's motion to compet because it was timely tied under Georgia's rules of civil procedure Which of the following is included in the corporate bylaws? Multiple Choice The par value of corporate shares The machinery for the transfer of shares The corporation's purpose The corporation's duration Under the Model Business Corporation Act (MBCA) shareholders have a qualified but not absolute right to inspect which of the following Multiple Choice The articles of incorporation and bylaws o The number of shares owned by the shareholders Shareholder minutes more than three years old Antecaisng of the shareholders entitled to notice of a meeting Which of the following is correct regarding a limited liability company (LLC)? Multiple Choice It is mandatory to have an operating agreement. Typically, it is a tax shelter for big corporations. O It has limited ability to buy, hold, and sell property. Members who manage an LLC are its fiduciaries. Jameson and Susan establish a partnership business Susan ends up doing all the work, even though they had agreed to equally divide the responsibility for running the day-to-day operations of the partnership Jameson may be in breach of his duty Multiple Choice of obedience of care to serve to avoid adverse interests

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